First Net Receivables vs Property Plant And Equipment Net Analysis

FBIZ Stock  USD 50.51  0.42  0.82%   
First Business financial indicator trend analysis is much more than just examining First Business Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Business Financial is a good investment. Please check the relationship between First Business Net Receivables and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Business Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Receivables vs Property Plant And Equipment Net

Net Receivables vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Business Financial Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between First Business' Net Receivables and Property Plant And Equipment Net is 0.28. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of First Business Financial, assuming nothing else is changed. The correlation between historical values of First Business' Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of First Business Financial are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., First Business' Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from First Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Business Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Business Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, First Business' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 552.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 30.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue112.8M127.9M89.2M59.4M
Interest Expense11.3M22.9M34.8M22.6M

First Business fundamental ratios Correlations

0.990.170.50.41.00.70.620.610.990.70.720.70.260.290.670.75-0.40.780.650.680.92-0.450.730.60.34
0.990.270.60.520.980.720.520.630.980.710.650.640.330.370.750.69-0.320.790.730.640.91-0.560.690.670.39
0.170.270.490.60.160.6-0.510.60.19-0.15-0.42-0.40.390.830.53-0.350.180.20.580.20.15-0.37-0.10.640.37
0.50.60.490.950.480.46-0.170.320.440.550.010.020.770.60.790.040.350.340.80.130.34-0.830.090.660.71
0.40.520.60.950.390.41-0.260.280.340.47-0.08-0.050.660.630.78-0.030.450.280.80.040.26-0.80.010.780.55
1.00.980.160.480.390.690.630.610.990.690.730.710.250.290.660.76-0.40.780.640.690.92-0.440.740.590.33
0.70.720.60.460.410.690.070.980.730.130.150.120.290.730.750.23-0.420.550.750.790.69-0.330.440.640.42
0.620.52-0.51-0.17-0.260.630.070.040.610.520.960.94-0.39-0.440.040.94-0.430.51-0.020.440.590.130.650.02-0.28
0.610.630.60.320.280.610.980.040.66-0.040.090.060.180.730.650.18-0.470.480.660.760.62-0.20.420.540.34
0.990.980.190.440.340.990.730.610.660.650.720.70.20.290.660.75-0.480.810.640.720.94-0.440.750.590.29
0.70.71-0.150.550.470.690.130.52-0.040.650.670.70.38-0.10.40.640.00.580.370.230.62-0.630.410.40.27
0.720.65-0.420.01-0.080.730.150.960.090.720.670.99-0.28-0.340.180.99-0.440.60.120.460.69-0.140.710.16-0.21
0.70.64-0.40.02-0.050.710.120.940.060.70.70.99-0.3-0.350.190.98-0.40.620.130.420.68-0.170.680.2-0.26
0.260.330.390.770.660.250.29-0.390.180.20.38-0.28-0.30.470.39-0.280.290.080.430.030.13-0.59-0.080.240.95
0.290.370.830.60.630.290.73-0.440.730.29-0.1-0.34-0.350.470.67-0.260.040.120.720.280.28-0.42-0.120.610.51
0.670.750.530.790.780.660.750.040.650.660.40.180.190.390.670.240.030.590.990.450.59-0.590.310.870.4
0.750.69-0.350.04-0.030.760.230.940.180.750.640.990.98-0.28-0.260.24-0.470.620.180.50.71-0.170.750.22-0.2
-0.4-0.320.180.350.45-0.4-0.42-0.43-0.47-0.480.0-0.44-0.40.290.040.03-0.47-0.190.07-0.6-0.6-0.1-0.570.070.11
0.780.790.20.340.280.780.550.510.480.810.580.60.620.080.120.590.62-0.190.570.60.65-0.340.690.520.09
0.650.730.580.80.80.640.75-0.020.660.640.370.120.130.430.720.990.180.070.570.410.56-0.60.280.870.43
0.680.640.20.130.040.690.790.440.760.720.230.460.420.030.280.450.5-0.60.60.410.67-0.080.60.340.2
0.920.910.150.340.260.920.690.590.620.940.620.690.680.130.280.590.71-0.60.650.560.67-0.370.630.570.21
-0.45-0.56-0.37-0.83-0.8-0.44-0.330.13-0.2-0.44-0.63-0.14-0.17-0.59-0.42-0.59-0.17-0.1-0.34-0.6-0.08-0.37-0.2-0.56-0.48
0.730.69-0.10.090.010.740.440.650.420.750.410.710.68-0.08-0.120.310.75-0.570.690.280.60.63-0.20.270.07
0.60.670.640.660.780.590.640.020.540.590.40.160.20.240.610.870.220.070.520.870.340.57-0.560.270.17
0.340.390.370.710.550.330.42-0.280.340.290.27-0.21-0.260.950.510.4-0.20.110.090.430.20.21-0.480.070.17
Click cells to compare fundamentals

First Business Account Relationship Matchups

First Business fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.6B2.7B3.0B3.5B3.7B
Total Stockholder Equity194.2M206.2M232.4M260.6M289.6M304.1M
Other Assets1.6B2.0B2.1B2.4B25.9M24.6M
Common Stock Shares Outstanding8.5M8.4M8.3M8.3M8.1M7.3M
Liabilities And Stockholders Equity2.1B2.6B2.7B3.0B3.5B3.7B
Other Stockholder Equity66.3M66.6M63.8M60.4M60.5M48.5M
Total Liab1.9B2.4B2.4B2.7B3.2B3.4B
Short Long Term Debt Total337.0M435.6M418.9M467.0M339.9M173.8M
Total Current Liabilities35.3M70.5M15.3M19.4M2.6B2.7B
Net Debt269.9M378.7M361.8M364.3M200.4M112.4M
Retained Earnings129.1M140.4M170.0M203.5M230.7M242.3M
Cash67.1M56.9M57.1M102.7M139.5M146.5M
Non Current Assets Total227.5M230.1M244.3M278.1M3.3B3.5B
Non Currrent Assets Other(227.5M)(230.1M)(244.3M)29.3M3.3B3.5B
Cash And Short Term Investments240.2M240.8M262.8M314.7M139.5M170.9M
Net Receivables76.4M111.2M55.1M75.3M13.3M12.6M
Non Current Liabilities Total337.0M435.6M418.9M19.4M3.2B3.4B
Total Current Assets316.6M352.0M317.9M336.3M139.5M132.5M
Accumulated Other Comprehensive Income(1.3M)(933K)(1.5M)(15.3M)(13.7M)(13.0M)
Short Term Debt37M136.5M11.5M122.0M140.3M147.4M
Other Liab11.5M14.0M14.3M15.3M17.6M12.1M
Property Plant And Equipment Net9.8M7.8M6.6M12.0M12.7M13.4M
Accounts Payable35.3M15.6M15.3M19.4M17.4M16.6M
Long Term Debt10.0M65.0M413.5M61.4M330.9M347.5M
Short Term Investments173.1M183.9M205.7M212.0M107.2M122.2M
Inventory2.9M34K164K95K4.3M4.5M
Other Current Assets1.6B2.1B2.1B2.2B(17.5M)(16.7M)
Property Plant And Equipment Gross9.5M7.8M6.6M12.0M21.5M22.6M
Treasury Stock(14.9M)(16.6M)(22.0M)(27.2M)(24.4M)(23.2M)
Intangible Assets1.2M1.3M1.6M1.5M1.3M1.3M
Property Plant Equipment2.6M2.0M6.6M4.3M5.0M2.6M
Other Current Liab(35.3M)(15.6M)(15.3M)(19.4M)2.6B2.7B
Net Tangible Assets182.2M194.1M220.2M236.5M272.0M169.1M
Retained Earnings Total Equity129.1M140.4M170.0M203.5M234.0M245.7M
Long Term Debt Total10.0M65.0M38.4M61.4M70.6M74.2M
Capital Surpluse81.2M83.1M85.8M87.5M100.6M78.9M
Long Term Investments1.9B2.4B225.4M2.7B356.2M338.4M

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